London, United Kingdom – Payhawk, a leading fintech company offering a next-generation all-in-one finance solution, announced today that it has been granted an Electronic Money Institution (EMI) licence by the Financial Conduct Authority (FCA) in the United Kingdom.

This EMI licence enables Payhawk to provide enhanced financial services to businesses and clients within the UK by offering them comprehensive expense management, company cards, and an integrated payments platform solution.

Payhawk’s innovative platform combines expense management, simplified business banking, and smarter payments for companies of all sizes. By acquiring the EMI licence, Payhawk reinforces its commitment to providing businesses with a seamless and efficient financial management experience.

The EMI licence will allow Payhawk to expand its financial services offering and extend its reach in the UK market. Payhawk aims to empower businesses by offering a feature-rich platform that enables expense tracking, smart payments, and real-time reports to improve financial efficiency and optimize cash flow management.

With this licence, Payhawk joins an elite group of fintech companies in the UK that are authorized to provide their clients with comprehensive financial services. Achieving this significant milestone will further solidify Payhawk’s position in the market and contribute to revolutionizing how companies manage their finances.

Payhawk CEO, Ivan Glinskas, expressed his excitement about the EMI licence, stating, “We are thrilled to have obtained the EMI licence from the Financial Conduct Authority. This is another crucial step forward for Payhawk in our mission to simplify corporate finances and make them smarter and more accessible for businesses. With our EMI licence, we are now positioned to deliver a comprehensive finance solution to our growing client base across the UK.”

This recent accomplishment by Payhawk reinforces the company’s commitment to innovation, security, and customer satisfaction. With an EMI licence in hand, Payhawk is well-equipped to meet the evolving financial needs of businesses in the UK and drive transformative change within the industry.